In the realm of healthcare packaging, fortifying the supply chain is akin to piloting a plane. Experts stress the urgency of re-evaluating supply chains, enhancing resilience, and preempting tariff impacts. Strategies include building inventory buffers, diversifying suppliers, tracing country of origin for components, fostering flexibility, forming cross-functional teams, conducting scenario planning, and qualifying alternative suppliers. These proactive measures safeguard against disruptions and bolster long-term sustainability. By embracing strategic stockpiling, dual sourcing, and tariff mitigation tactics, pharma packagers can navigate uncertainties and strengthen supply chain reliability.
Read more from healthcarepackaging.com
